UAE markets 03 May 2010

UAE market news & discussions for 03 May 2010 The DFM and ADX both rose about the same amount with most of the more active stocks in the green, including a good rise for Union Properties in Dubai, and ADCB in Abu Dhabi. On the Nasdaq Dubai at 1500 UAE time, Depa is unchanged at $0.78, and DP World is up 1.9% to $0.535. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks rose 0.72% to 1737 points from AED 254m worth of trading with Arabtec (ARTC) the only stock trading more than AED 100m for a change, up 2.05% to 2.49, while Emaar Properties (EMAAR) rose 1.55% to 3.92. Union Properties (UPP) was the best of the more active gainers, up 6.1% to 0.485, National General Cooling (TABREED) rose 1.9%, and the other gainers were up less than 1.5% or on low turnover. In the losers list, there were only three stocks trading more than AED 1m worth - Arab International Logistics (ARMX) down 1.2%, and Dubai Investment Company (DIC) and Air Arabia (AIRARABIA) both down about 0.3%. Abu Dhabi Securities Exchange Abu Dhabi stocks rose 0.78% to 2795 points from turnover of AED 96m with Aldar Properties (ALDAR) the most active stock, up 3.4% to 3.93 from AED 27m worth. Finance House (FH), Abu Dhabi Aviation (ADAVIATION), and Sharjah Cement (SCIDC) all had 10% limit up closing prices but from just one small trade each. Abu Dhabi Commercial Bank (ADCB) was the best of the more active gainers, up 8.0% to 1.88. Union National Bank (UNB) rose 1.9%, Sorouh Real Estate (SOROUH) 1.3%, and the other gainers were up less than 1% or on thin trading. There were five losers with Al Ain Ahlia Insurance (AAAIC) 10% limit down from just one trade, and Abu Dhabi Islamic Bank (ADIB) the only loser trading more than AED 1m, down 1.4%. National Bank of Abu Dhabi (NBAD) was unchanged, and Emirates Telecom (ETISALAT) rose 0.47%.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
UPP buy or sell? Trader2009 Mon 03 May 2010 12:32 Marketwatch April 2010 DFM ADX bandakok Mon 03 May 2010 10:40 Dana Gas dividend and AGM MNK Mon 03 May 2010 09:07 RAK Properties dividend 2009 novice Mon 03 May 2010 02:23 DIC 2010Q1 profit estimate Dhs275m ixtira Sun 02 May 2010 17:43 HITS Telecom financial result 2009 ixtira Sun 02 May 2010 17:29 Best Brokerage Firm in UAE sam111sam Sun 02 May 2010 16:35 SALAMA MNK Sun 02 May 2010 15:34 DFM Dividend foolsgold Sun 02 May 2010 09:57 List of Annual General Meetings farnush Sat 01 May 2010 23:48 UNB 2010Q1 profit AED380m sam111sam Thu 29 Apr 2010 14:59 Emaar 2010Q1 profit 12 fils share GPIC Wed 28 Apr 2010 18:50 FXCM MENA forex trading NooraEid Wed 28 Apr 2010 10:55 Emirates NBD 2010Q1 profit sam111sam Tue 27 Apr 2010 09:31 Which Shares will Peak Faster Now ? bandakok Sun 25 Apr 2010 19:57 Nomura Price Targets for UAE Stocks Cash King Fri 23 Apr 2010 17:06 Meyrill Lynch UAE Bank ratings ixtira Thu 22 Apr 2010 17:30

best stock rises symbol price change GLOBAL 1.45 +0.17 +13.3% FH 4.41 +0.40 +10% ADAVIATION 2.18 +0.19 +9.5% SCIDC 1.39 +0.12 +9.4% DARTAKAFUL 1.29 +0.10 +8.4%

worst stock falls symbol price change AAAIC 63.00 -7.00 -10% DRC 7.22 -0.38 -5% GGICO 0.89 -0.05 -5.3% ALMADINA 0.72 -0.03 -4% QTEL 163.00 -5.30 -3.1%

top volume symbol value (AED) price ARTC 116,856,536 2.49 EMAAR 78,077,301 3.92 ALDAR 27,167,662 3.93 DFM 18,461,996 1.74 ETISALAT 16,360,391 10.70

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